A macroeconomic model of an epidemic with silent transmission and endogenous self-isolation / by Antonio Diez de los Rios.: FB3-5/2020-50E-PDF
"We study the interaction between epidemics and economic decisions in a model where (1) agents allocate their time to market and home production and social and home leisure, (2) these activities differ in their degree of contagiousness, (3) some infected individuals are indistinguishable from susceptible individuals, and (4) agents are not necessarily rational. For baseline parameter values for the COVID-19 pandemic, we find that agents partially self-isolate by allocating more time to home activities and that the effective reproduction number of the disease stabilises at one. Detection and isolation of infected individuals severely mitigate the recession caused by the pandemic"--Abstract, page ii.
Permanent link to this Catalogue record:
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| Title | A macroeconomic model of an epidemic with silent transmission and endogenous self-isolation / by Antonio Diez de los Rios. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | 1 online resource (ii, 40 pages, 14 unnumbered pages) : colour illustrations. |
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